Settian Capital LP Invests $2.42 Million in Fiserv, Inc. $FISV

Settian Capital LP acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 36,000 shares of the business services provider’s stock, valued at approximately $2,418,000. Fiserv accounts for about 1.6% of Settian Capital LP’s holdings, making the stock its 16th biggest position.

Other large investors also recently modified their holdings of the company. Nordea Investment Management AB grew its position in shares of Fiserv by 4.1% during the 3rd quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after buying an additional 78,220 shares during the period. Chicago Capital LLC acquired a new stake in shares of Fiserv during the 4th quarter worth approximately $1,316,000. AGF Management Ltd. grew its position in shares of Fiserv by 55.4% during the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after buying an additional 69,383 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in Fiserv by 3.9% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock valued at $362,128,000 after purchasing an additional 109,427 shares during the period. Finally, National Pension Service grew its position in Fiserv by 2.6% in the 3rd quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock valued at $157,001,000 after purchasing an additional 30,951 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $54.39 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock’s fifty day simple moving average is $58.82 and its two-hundred day simple moving average is $64.67. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. The stock has a market cap of $29.00 billion, a PE ratio of 9.22, a price-to-earnings-growth ratio of 1.72 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FISV has been the subject of several research reports. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Citigroup reduced their price target on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. JPMorgan Chase & Co. reduced their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Robert W. Baird set a $78.00 price target on shares of Fiserv in a research report on Wednesday, May 6th. Finally, Compass Point reduced their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $87.21.

About Fiserv

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.